Burger King Worldwide Inc (NYSE:BKW) is said to be in discussion to buy Canadian coffee and doughnut chain Tim Hortons Inc. (NYSE:THI) (TSE:THI) to establish a fast food powerhouse with a combined market capitalization of about $18 billion. The deal is expected to leverage Burger King Worldwide Inc (NYSE:BKW)’s expertise in global development to enhance Tim Hortons Inc. (NYSE:THI) (TSE:THI)’s international growth. Details on the Burger King – Tim Hortons deal While Burger King Worldwide Inc (NYSE:BKW) has a market value of about $9.6 billion, Tim Hortons Inc. (NYSE:THI) (TSE:THI)’s valuation is about $8.4 billion. That means that the restaurant companies are…
Burger King, Tim Hortons In Talks Over Strategic Deal
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports